Davis Select U.S. Equity ETF (DUSA) Straddle

Trading a DUSA straddle lets you take a pure volatility position on Davis Select U.S. Equity ETF without committing to a direction. Davis Select U.S. Equity ETF's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate DUSA straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DUSA profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Davis Select U.S. Equity ETF stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the DUSA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. The fund's portfolio generally contains between 15 and 35 companies. It may invest a portion of its assets in financial services companies. The fund may also invest in mid- and small-capitalization companies, which the manager considers to be those companies with less than $10 billion in market capitalization. It may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the DUSA straddle is the cleanest expression of that view. Our scanner prices every DUSA straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a DUSA straddle into a catalyst or short a DUSA straddle to harvest decay, the options straddle setups that matter are all in one place.